The problem I have with Ayn Rand's philosophy is that while private enterprise can do a better job than government for a good many things, her "laissez faire" ideology that businesses should just be left to do what they want isn't really the best idea, either. Just look at what Big Pharma is doing to us all.
Businesses are not simply "left to do what they want" according to her philosophy. If anything the people would have greater legal recourse against big companies for damages they cause them. According to Objectivism any act that causes harm or impedes on the liberties of another party must pay restitution. She rails against the kind of thing Big Pharma is doing by coercing government to mandate their product. People would never buy from Pfizer with their track record without government backers propping them up with "studies" and "approvals". With no government approval system reputation would mean everything with drug companies, and Pfizer has a terrible reputation. Moderna had never made a vaccine before COVID, etc.
As a Christian I certainly don't prescribe to Objectivism, however I do find it the most true secular philosophy. If there was no God, Ayn Rand would be the person to follow if you wanted society to work.
Very true. The excuse I make for Rand though is that during her time, there wasn't a clearly established link between enourmous corporations (like Amazon) and political leftist, like there is today.
If anything, back then it tended towards the other way. Today though we have the clarity of being able to see how big business and leftism go hand in hand.
Actually, one of the running themes of "Atlas Shrugged" was what we today call "cronyism" in relationships between the government and favored industries. She was very aware of this incestuous relationship, and always made the point that it was not a feature of capitalism, but a corruption of capitalism. Businesses could not seek favors unless the government had favors to hand out.
Important to keep in mind that our big pharma industry today operates within the economic policy of State Corporatism, which is the economic policy of fascism. It also happens to be the policy of China, which makes the CCP more fascist than communist.
the only reason big pharma gets away with all this bullshit is because the government sanctions their bullshit and
protects them from consequences. This is not capitalism.
What we are witnessing is the merging of big business and big government. That's what Germany was all about a hundred years ago. Time for Nuremberg 2.0!
The problem I have with Ayn Rand's philosophy is that while private enterprise can do a better job than government for a good many things, her "laissez faire" ideology that businesses should just be left to do what they want isn't really the best idea, either. Just look at what Big Pharma is doing to us all.
Businesses are not simply "left to do what they want" according to her philosophy. If anything the people would have greater legal recourse against big companies for damages they cause them. According to Objectivism any act that causes harm or impedes on the liberties of another party must pay restitution. She rails against the kind of thing Big Pharma is doing by coercing government to mandate their product. People would never buy from Pfizer with their track record without government backers propping them up with "studies" and "approvals". With no government approval system reputation would mean everything with drug companies, and Pfizer has a terrible reputation. Moderna had never made a vaccine before COVID, etc.
As a Christian I certainly don't prescribe to Objectivism, however I do find it the most true secular philosophy. If there was no God, Ayn Rand would be the person to follow if you wanted society to work.
Very true. The excuse I make for Rand though is that during her time, there wasn't a clearly established link between enourmous corporations (like Amazon) and political leftist, like there is today.
If anything, back then it tended towards the other way. Today though we have the clarity of being able to see how big business and leftism go hand in hand.
Actually, one of the running themes of "Atlas Shrugged" was what we today call "cronyism" in relationships between the government and favored industries. She was very aware of this incestuous relationship, and always made the point that it was not a feature of capitalism, but a corruption of capitalism. Businesses could not seek favors unless the government had favors to hand out.
Well, there was Nazi Germany, which was big corproations merged with socialist leftists.
Important to keep in mind that our big pharma industry today operates within the economic policy of State Corporatism, which is the economic policy of fascism. It also happens to be the policy of China, which makes the CCP more fascist than communist.
the only reason big pharma gets away with all this bullshit is because the government sanctions their bullshit and protects them from consequences. This is not capitalism.
They're not doing that alone. Lol
What we are witnessing is the merging of big business and big government. That's what Germany was all about a hundred years ago. Time for Nuremberg 2.0!